February 2023
Intermediate to advanced
584 pages
17h 26m
English
This chapter presents five case studies of cost–benefit analyses conducted on large projects that extend over many years. The first cost–benefit analysis was for a product development situation where an automotive company needs to decide where, i.e., in which country should a new vehicle be developed and built. The decision is complex because it involves consideration of wages to be paid to technical and hourly employees in different countries and increased vehicle shipping costs over many years of production. Cases studies 2 and 3 provide insights into costs and revenues from electric power generation plants that use different technologies (e.g., wind turbines ...
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